The Nigeria navy has disclosed that the country loses $70m to illegal, unreported and unregulated fishing (IUU), oil theft and other maritime crimes by the Chinese vessels annually.Defence Attaché, Colonel Thomas Brillisauer, stated this during visit of a delegation from the German Armed Forces General Staff College to the Western Naval Command (WNC) headquarters in Lagos.
Source: https://guardian.ng/news/nigeria-loses-70m-to-illegal-fishing-others-yearly/